The backflow preventers market is expected to grow at a CAGR of over 3% during 2019-2029.

Europe and North America are expected to remain prominent regional markets in the backflow preventers market.

Europe and North America are the leading regions in the backflow preventers market, owing to several plumbing codes in these regions that mandate the use of backflow prevention devices at all cross-connections to protect potable water against backflow.

Major players in the backflow preventers market such as Watts Water Technologies Company, Emerson Electric Co., Honeywell International, Zurn Industries LLC, etc., are employing synergistic methods of co-marketing and co-promotion their products with other companies.

The synergistic activities conducted by partners are creating instant growth opportunities in the market, even more than that presented by strategic M&A deals.

Reduced pressure zones will remain the most preferred product type in the backflow preventers

The growth of this segment can be primarily attributed to the increasing popularity of the reduced pressure zones segment over the double check valve assemblies segment.

Reduced pressure zones turn out to be the most efficient and reliable equipment in high pressure situations.

Top 3 Factors Shaping the Backflow Preventers Market

Launch of New Products and Distribution Agreements Mark Major Trends in the Backflow Preventers Market

Key market players such as Watts Water Technologies Company, Emerson Electric Co., Honeywell International, and Zurn Industries LLC are focusing on the expansion of their backflow preventers product portfolios through distribution agreements and the launching of new products. For example-

In 2019, Emerson Electric Co. invested US$ 49 Mn in its new global headquarters in Brookfield, for upgrading its manufacturing technologies.

In October 2018, Zurn Industries, LLC. expanded its fire protection line segment with the addition of new products, ranging from Zurn Wilkins backflow and ACVs to fire valves.

There are around 10,000 wastewater treatment facilities in Germany that treat around 10.1 billion cubic meters of wastewater, annually. In France, there are more than 15,000 water treatment and 17,000 wastewater treatment plants in operation. European water services invest approximately €45 billion in water infrastructure, annually. The total length of the drinking water network in Europe is estimated to be around 4.2 million kilometers.

With respect to wastewater treatment, the total length of the sewer network is around 3 million kilometers. Growing investments in water and wastewater treatment facilities in the continent are estimated to drive the growth of the Germany and France backflow preventers markets during the forecast period.

Surging Residential Construction Projects to Propel the Growth of the Backflow Preventers Market Over the Forecast Period

The mandatory use of backflow prevention devices with annual checks for maintenance for residential applications is one of the key factors fueling the demand for backflow preventers.

Backflow Preventers Market Structure Analysis

The global backflow preventers market is a fairly consolidated market, with top 10 global players accounting for more than half of the total market share.

Most of the key players are maintaining strategic focus on the development of distribution partnerships and agreements for global market expansion.

Some of the top manufacturers who contribute a higher revenue share to the backflow preventers market are Watts Water Technologies Company, Honeywell International, Emerson Electric Co., and Zurn Industries LLC.

Future Market Insights (FMI), in its latest study on the backflow preventers market, offers a detailed value analysis of the backflow preventers market on the basis of various segments such as product type, material type, end use, and region.

By product type, the atmospheric vacuum breakers segment is projected to be a prominent segment in terms of unit sales. However, with respect to market size, the reduced pressure zones segment is expected to be a prominent segment in the global backflow preventers market. From a macroeconomic point of view, a positive outlook for the residential and commercial construction industry will create substantial opportunities for participants in the backflow preventers market across the globe.

The backflow preventers market report covers the market analysis through basis point analysis (BPS), incremental dollar opportunity index, market attractiveness analysis, and Y-o-Y growth. The market analysis for the backflow preventers market value has been considered in US $ million and market volume in ‘000 units, covering data for the historical period 2014–2018 and forecast period 2019–2029, with 2018 as the base year.

An Overview of the Backflow Preventers Market Report Chapters

This global backflow preventers market report consists of around 19 sections that elaborate on market numbers in terms of volume in ‘000 units and value in US$ at regional and global levels. The backflow preventers market report begins with an executive summary covering a gist of the report. The executive summary highlights the global backflow preventers market overview in terms of value through various segments. This section also includes an overview of the key supply- and demand-side trends in the global backflow preventers market, with analysis and recommendations from FMI’s point of view. The next section covers the global backflow preventers market introduction, including the taxonomy by different segments covered in the study; key success factors to the market; and definitions of the segments considered in the global backflow preventers market.

In the next section, we have included market viewpoints that include macroeconomic factors, forecast factors, and value chain analysis, along some qualitative data with reference to the global backflow preventers market. This section also covers the market dynamics, which includes several drivers responsible for the growth of the backflow preventers market, restraining factors, opportunities in the market, and trends with respect to global as well as regional markets.

The next section of the global backflow preventers market report includes qualitative and quantitative analysis of the backflow preventers market by every segment considered. The report also includes an additional section with detailed analysis of the market for three emerging countries - China, India, and Australia.

This backflow preventers market report focuses on analysing the market opportunities, and getting a detailed understanding of the backflow preventers market. The report elaborates on the regional analysis, market dynamics, market intensity, market structure, and competition landscape of the backflow preventers market for the next ten years, i.e. 2019-2029.

Each section of the backflow preventers market report includes a qualitative and quantitative assessment of the market on the basis of historical data or developments and facts, and key opinions collected from various end-use industry participants through primary interviews, annual reports, newsletters, press releases, etc.

The initial stage of the research study includes the formulation of assumptions, which are necessary for primary and secondary research. Further stages of research involved the triangulation of the data collected from these two approaches. To analyse the global backflow preventers market trends and opportunities for backflow prevention device providers, the market has been segmented on the basis of product type, material type, end use, and region.

For the analysis of service instances, we have considered FY 2018 as the base year. Basic data was collected from manufacturers’ annual reports, newsletters, public reports published by government, valve manufacturing organisations, private agencies, World Bank sources, etc. For final analysis of the market data, we considered demand-side as well as supply-side drivers and trends in various regional markets. We have forecasted the market data on the basis of key developments, regional trends, and production-consumption scenario of the backflow preventers market. For forecasting the market data, we have considered historic data for the period of 2014-2018.